HDFC hikes lending rate by 35 bps to 8.65 pc
Admin
Dec 22, 2022 10:53
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Mortgage leader HDFC on Monday announced a 35 basis points increase in its retail prime lending rate and now the minimum rate will be 8.65 per cent.
The revised rates would be effective from Tuesday.
The retail prime lending rate on housing loans, on which the adjustable rate home loans are benchmarked, has been increased by 35 basis points to 8.65 per cent onwards, effective December 20, the bank said in a regulatory filing.
